Tenant’s Payment of Operating Expenses. (a) In the event that for any Operating Year Operating Expenses shall exceed Base Operating Expenses, Tenant shall pay to Landlord, as an Escalation Charge, an amount equal to (i) such excess Operating Expenses multiplied by (ii) Tenant’s Proportionate Share, such amount to be apportioned for any portion of an Operating Year in which the Commencement Date falls or the Term of this Lease ends.
Tenant’s Payment of Operating Expenses. (a) Tenant shall pay to Landlord, as Additional Rent, an amount equal to (i) Operating Expenses multiplied by (ii) Tenant’s Proportionate Share, such amount to be apportioned for any portion of an Operating Year in which the Term Commencement Date falls or the Term of this Lease ends.
Tenant’s Payment of Operating Expenses. (a) Tenant shall pay to Landlord, as Additional Rent, an amount equal to the Operating Expenses attributable to each Operating Year, such amount to be apportioned for any portion of an Operating Year in which the Commencement Date falls or the Term of this Lease ends.
Tenant’s Payment of Operating Expenses. (a) Tenant shall pay to Landlord, as an Escalation Charge, an amount equal to Tenant’s Proportionate Share of Operating Expenses, such amount to be apportioned for any portion of an Operating Year in which the Rent Commencement Date falls or the Term of this Lease ends. For the period from the Commencement Date to the Rent Commencement Date, Tenant’s payment of Operating Expenses shall be equal to the actual amount of Operating Expenses incurred with respect to the Premises, but in no event shall exceed $1.75 per square foot.
Tenant’s Payment of Operating Expenses. (a) For each Operating Year during the Term, commencing on the Rent Commencement Date, Tenant shall pay to Landlord, as Additional Rent, Tenant’s Proportionate Share of Operating Expenses, such amount to be apportioned for any portion of an Operating Year in which the Commencement Date falls or the Term of this Lease ends. Notwithstanding the foregoing, with respect to any Operating Expenses that relate to a repair, replacement, or service that solely benefits the Building, Tenant shall pay to Landlord, as an Operating Expense/Tax Charge, Tenant’s Building Share of such Operating Expenses.
Tenant’s Payment of Operating Expenses. (a) Tenant shall pay to Landlord as Additional Rent for Operating Expense, an amount equal to Tenant’s Proportionate Share Operating Expenses for each calendar year or portion thereof throughout the Term. If the calendar year is only partially within the Term, the payment to be made by Tenant shall be proportionately reduced. The obligation of Tenant to make this payment shall survive the expiration or other termination of the Lease.
Tenant’s Payment of Operating Expenses. (a) From and after the Commencement Date, Tenant shall pay to Landlord, as Additional Rent:
Tenant’s Payment of Operating Expenses. During the first year of the Term, Tenant shall pay as Additional Rent 44.54% of Maintenance and Operating Costs for the Premises and Building, plus 15.52% of REOA Costs accruing after the Commencement Date (collectively “Operating Expenses”), which shall be payable in the manner, at the time and in the amounts set forth below. Beginning on the first day of the second year of the Term, Tenant shall pay as Additional Rent 49.75% of Maintenance and Operating Costs for the Premises and Building, plus 17.33% of REOA Costs.
Tenant’s Payment of Operating Expenses. (a) For the portion of the Term through and including December 31, 2005, Tenant shall pay Operating Expenses and other Additional Rent in accordance with the Prior Leases, the provisions of which are incorporated herein by this reference for such purpose, and from and after January 1, 2006, Tenant shall pay to Landlord, as Additional Rent, an amount equal to Operating Expenses multiplied by Tenant’s Proportionate Share, such amount to be apportioned for any portion of an Operating Year in which the Term Commencement Date falls or the Term expires.
Tenant’s Payment of Operating Expenses. In the event that for any Operating Year subsequent to the 2012 Operating Year, the Operating Expenses allocable to the Premises on a per rentable square foot basis shall exceed the Base Operating Expenses, Tenant shall pay to Landlord, as additional rent, the entire amount of such excess, such amount to be apportioned for any portion of an Operating Year in which this Lease ends. Estimated payments by Tenant on account of Operating Expenses shall be made on the first day of each and every calendar month during the Term of this Lease, in the fashion herein provided for the payment of Base Rent, commencing on January 1, 2013. The monthly amount so to be paid to Landlord shall be sufficient to provide Landlord by the end of each Operating Year a sum equal to Tenant’s required payment, as reasonably estimated by Landlord from time to time during each Operating Year, on account of Operating Expenses for such Operating Year. After the end of each Operating Year, Landlord shall submit to Tenant a reasonably detailed accounting of Operating Expenses for such Operating Year, and Landlord shall certify to the accuracy thereof. If estimated payments theretofore made for such Operating Year by Tenant exceed Tenant’s required payment on account thereof for such Operating Year according to such statement, Landlord shall credit the amount of overpayment against subsequent obligations of Tenant with respect to Operating Expenses (or promptly refund such overpayment if the Term of this Lease has ended and Tenant has no further obligation to Landlord). If the required payments on account thereof for such Operating Year are greater than the estimated payments (if any) theretofore made on account thereof for such Operating Year, Tenant shall make payment to Landlord within thirty (30) days after being so advised by Landlord, and the obligation to make such payment for any period within the Extended Term shall survive expiration of the Extended Term.
